I need help please

Lease or Sell Bullwinkle Company owns equipment with a cost of $368,000 and accumulated depreciation of $53,900 that can be sold for $277,000, less a 5% sales commission, Alternatively, Bullwinkle Company can lease the equipment for three years for a total of $285,900, at the end of which there is no residual value. In addition, the repair, insurance, and property tax expense that would be incurred by Bullwinkle Company on the equipment would total $16,500 over the three year lease. a. Prepare a differential analysis on February 18, as to whether Bulwinkle Company should lease (Alternative 1) or sell (Alternative 2) the equipment Differential Analysis Lease (Alt. 1) or Sell (Alt. 2) Equipment February 18 Lease Equipment Sell Equipment (Alternative 1) (Alternative 2) (Alternative 2) Differential Effect on Income Revenues Costs Income (Loss)